Investment & Corporate Banking - Structured Products Structuring and Analytics - Associate

Mizuho; New York (NY); On-site; USD 175,000 - 225,000; Full time

Job summary

Mizuho is seeking an Associate for its New York-based Structured Products Structuring and Analytics team. You will provide structuring and analytical support for ABS and bank-funded securitization transactions, and assist with client presentations on asset analysis, structural recommendations, and transaction optimization.

Responsibilities include collateral analysis, model creation, and presenting outputs to clients and investors; inline with team objectives to origination and execution of

Qualifications

• ABS structuring experience (3+ years) with a top-tier bank or similar.
• Strong knowledge of Excel, Intex, CAS, VBA, and Bloomberg.
• Ability to synthesize large amounts of information and create models.
• Excellent written and oral communication skills; ability to convey ideas clearly.
• Series 79 & 63 licenses.

Responsibilities

• Perform structuring work for Left and Active Lead roles, including collateral analysis and deal modeling.
• Explain and present structural output to clients and investors.
• Create transaction models, including credit risk retention models.
• Assist with questions from ABS investors on structuring and modeling.
• Collaborate with Accountants on collateral stratification and cash flow models.
• Participate in client meetings focusing on structural recommendations.
• Support securitization team with structuring and break-even loss analysis.
• Leverage AI tools to speed up pitches, models, and analyses.

Skills

Data analysis

Project management

Communication skills

Teamwork

Education

Bachelor’s degree in Mathematics/Statistics/Computer Science

Tools

Excel

Intex

CAS

VBA

Bloomberg

AI tools

Job description

Banking Americas

Mizuho’s Banking Division provides corporate and investment banking coverage, sponsor coverage, advisory and solutions and loan capital markets/syndicate to Mizuho’s client base of leading international corporations, financial institutions and public sector entities in the US and Canada.

Banking supports client business activities throughout the region with an extensive range of capital markets and lending capabilities and an integrated team of coverage, advisory and product bankers responsible for client relationship management and strategic transaction development to execute banking and securities mandates and originate idea generation for potential acquisitions, divestitures and investment opportunities.

Job Summary

Mizuho is hiring for an Associate position on its New York-based Structured Products Structuring and Analytics team. The hire’s primary responsibilities will include providing structuring and analytical support for Mizuho’s public and private ABS and bank-funded securitization transactions, in addition to assisting with client presentations focused on asset analysis, structural recommendations, and transaction optimization. Mizuho’s Structured Products team is responsible for the origination, marketing, and execution of all primary market ABS offerings issued by its clients. The group works in partnership with Mizuho’s industry / relationship coverage teams.

Role Description

• Perform all structuring work related to the Structured Products team’s Left and Active Lead roles, including collateral analysis and deal modeling using Excel, Intex, CAS, and VBA. Primary asset classes include, but are not limited to aircraft, auto loan, auto lease, auto floorplan, auto fleet, credit card, consumer loan, data center, equipment loans and leases, student loan, and other esoteric assets.
• Explain and present structural output to clients and investors
• Create transaction models, including credit risk retention models, which can be used by issuers
• Assist ABS investors with structural and modeling questions related to Bank’s Left and Active Lead roles
• Work with Accountants on the Bank’s Left Lead roles to tie-out on collateral stratification and cash flow models
• Participate in client meetings with a focus on structural recommendations and solutions
• Support the Bank-funded Securitization team with structuring and break-even loss analysis on their securitization transactions
• Take initiative to use AI tools to develop new infrastructure to speed up delivery time for pitches, models and analysis across the suite of covered structured products

Requirements

• Bachelor’s degree with a concentration in Mathematics, Statistics, or Computer Science
• At least 3 years of ABS Structuring experience with a top tier global bank or similar
• Leading knowledge of Excel, Intex, CAS, VBA, and Bloomberg (experience with AI tools a plus)
• Aptitude to synthesize large amounts of information/data and create models
• Ability to manage multiple projects simultaneously
• Ability to work under pressure and adhere to tight deadlines
• Strong written and oral communication skills and ability to effectively convey ideas
• Creativity and intellectual curiosity
• Ability to work collaboratively in a team environment
• Series 79 & 63

The expected base salary for this role will be in the range of $175k-$225k. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

Applicants must be currently authorized to work in the United States on a full-time basis. Mizuho does not sponsor applicants for work visas or offer any employment-based immigration sponsorship for this position. This includes, but is not limited to, any sponsorship or administrative assistance or execution of any documentation related to F-1 (CPT/OPT/STEM OPT), TN, O-1, E-3, H-1B1 or H-1B application.

Greenhill & Co., Inc., part of Mizuho Americas, is focused on providing financial advice on significant mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments globally. It acts on behalf of clients throughout the world from its offices in the Americas, EMEA, and APAC.